Which of the following is the best
definition for the term 'financial derivative?'

Question

Answer

A contract that gives you the opportunity to buy or sell an underlying asset at
a future date and price.

Answer

A financial instrument that represents the
     percent of a company you own.

Answer

A financial instrument that gets its value from
     the value of another financial instrument.

Answer

A debt instrument that grants the owner of the
     derivative quarterly payments from the payee.

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